SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical Analysis - Beginners

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steven d. zapf who wrote (9625)2/27/1999 1:37:00 PM
From: Richard Estes  Read Replies (1) of 12039
 
While addressed to Dave, who will probally have his answer, I thought I would response on the fitting of data. Don't do it. It isn't a matter of an indicator doesn't work with some but that stocks are performing in a way that negate the function of the indicator.

Some stocks range, some stocks trend. You are looking for a system that you can settle into that applies to the majority of stocks not one stock. A system that you trust not to do you harm but allows a good return on capital. Fitting indicators to one stock won't do that. Changing the variables for an indicator is good, it is done to fit your mindset or style. Don't change an indicator to fit a stock. You could change to fit a group of many stocks like trending vs. ranging, volitile or non volitile.

BTW: I think I used TSV(21)with 14 MA. see what that loks like. Have not used TC2000 in 2 years.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext